July, 07 2022, 04:53pm EDT
Patriotic Millionaires Celebrate Democratic Plan to Raise Taxes on Pass-Through Income
"Pass-throughs have been abused by wealthy Americans for years to reclassify their income and avoid paying the taxes they rightfully owe."
WASHINGTON
Today, it was reported that Democrats plan to expand a 3.8% surcharge on investment income to owners of pass-through businesses, in the process raising over $200 billion dollars to expand Medicare access.
In response, Morris Pearl, the Chair of the Patriotic Millionaires and a former managing director at BlackRock, Inc., released the following statement:
"Pass-throughs have been abused by wealthy Americans for years to reclassify their income and avoid paying the taxes they rightfully owe. The Democratic plan to apply the investment income surtax to wealthy pass-through business owners is an important step in the right direction toward fixing this problem and making rich people like me pay our fair share."
"Voters are sick and tired of the rich and powerful playing by a different set of rules. This change would close a ridiculous giveaway to only the richest Americans, and reinvest the windfall back into the American public. This moves us closer to fixing the out-of-control wealth inequality that plagues our nation, but there's still a lot of work to be done. Democrats should follow this change with more aggressive changes to make our tax code work for all Americans, not just the rich."
The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.
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57 House Dems Call On Biden to Prevent Israeli Assault on Rafah
"An offensive invasion into Rafah by Israel in the upcoming days is wholly unacceptable."
May 01, 2024
Dozens of U.S. House Democrats on Wednesday joined Congresswomen Pramila Jayapal and Madeleine Dean in pressuring President Joe Biden to prevent a full-scale Israeli assault on Rafah, a city in the southern Gaza Strip that's now full of over a million displaced Palestinians.
"We write with urgency to say: an offensive invasion into Rafah by Israel in the upcoming days is wholly unacceptable," states the letter from Jayapal (D-Wash.), Dean (D-Pa.), and 55 other members of Congress. "We welcome your administration's efforts to dissuade the Israeli government from this military operation, which would deepen both the humanitarian catastrophe for people in Gaza and the strategic challenges that regional and global stakeholders face in this conflict."
"We now urge you to enforce U.S. law and policy by withholding certain offensive weaponry or other military support that can be used for an assault on Rafah, including the offensive weaponry and aid already signed into law," the letter continues.
The Democrats highlighted how Israel's retaliation for the Hamas-led October 7 attack has impacted the city:
Rafah has become one of the most overcrowded places in the world. With shelters too full and insufficient, many families now live on the streets. The collapsed health infrastructure, in addition to sewage overflow and the scarcity of food, water, and medicine, has accelerated the onset of severe malnutrition and the spread of communicable diseases. Acute food insecurity is endemic in Rafah, even as the international community circulates credible reports that famine is setting in elsewhere in Gaza—all as a result of six months of military operations that you have described as "indiscriminate." In addition, we know in fact that Israeli strikes on Rafah have already occurred, including one on April 20th that killed 18 people, including 14 children.
Across the Gaza Strip, Israeli forces have killed 34,568 people and wounded another 77,765—mostly women and children—while leaving thousands more missing in the rubble of bombed buildings, including homes, hospitals, schools, and mosques.
Biden has resisted mounting global pressure to limit or fully cut off military aid to Israel, which the International Court of Justice in January concluded is "plausibly" committing genocide against Palestinians in Gaza. That case is ongoing.
"In addition to the catastrophic civilian toll—and risk to as many as 130 hostages, including as many as six or more Americans—an offensive in Rafah would ultimately undermine the Israeli and U.S. governments' strategic interests," the Democrats argued. "Israeli and U.S. military bases in the region have recently been the targets of repeated drone and missile attacks—a dangerous indication of how unstable the Middle East has become as a result of the Gaza war."
"An Israeli offensive in Rafah risks the start of yet another escalatory spiral, immediately putting the region back on the brink of a broader war that neither Israel nor the United States can afford," they warned. Along with calling on the president to withhold aid to Israel to protect civilians in Rafah, the lawmakers urged Biden to keep working "toward achieving a lasting cease-fire that will bring hostages home and build a path toward safety and security for all."
They also said that "it is of the utmost importance that both Hamas and Israel immediately come to the table with the international community for a mutually agreed ceasefire deal that can secure the safe return of hostages, full resumption of humanitarian aid, and the space for a negotiated, long-term peace in the region."
The letter comes a week after Biden signed a foreign aid package that included $26 billion for Israel and passed both chambers of Congress with bipartisan support. Jayapal and three dozen other Democrats opposed the Israel Security Supplemental Appropriations Act, which ultimately passed.
In a joint statement last month, the Washington Democrat and 18 of her colleagues said that "our votes against H.R. 8034 are votes against supplying more offensive weapons that could result in more killings of civilians in Rafah and elsewhere."
Israeli Prime Minister "Benjamin Netanyahu appears willing to sacrifice the hostages while inflicting extraordinary suffering on the people of Gaza. He is willing to expand this conflict to preserve his power at the expense of Israel's safety," they continued, noting concerns about an invasion of Rafah. "When faced with the question of whether to provide offensive aid to further this conflict, we believe there is a moral imperative to find another path."
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Cutting Ties With Israel, 'One Colombia Shows Far More Courage Than the Other Columbia'
"The times of genocide and extermination of an entire people cannot return," said leftist Colombian President Gustavo Petro. "If Palestine dies, humanity dies."
May 01, 2024
In sharp contrast with Columbia University in New York City, Colombian President Gustavo Petro on Wednesday announced the imminent suspension of diplomatic relations with Israel over that country's assault on Gaza.
"The government of change informs that as of tomorrow diplomatic relations with Israel will be broken... for having a government, for having a president who is genocidal," Petro told a crowd in the capital Bogotá during an International Workers' Day event, referring to Israeli Prime Minister Benjamin Netanyahu.
"The world could be summed up in a single word that vindicates the necessity of life, rebellion, the raised flag, and resistance," the leftist leader added. "That word is called Gaza. It is called Palestine. It is called the children and babies who have died dismembered by the bombs."
"The times of genocide and extermination of an entire people cannot return. If Palestine dies, humanity dies," he added as the crowd started chanting, "Petro! Petro! Petro!"
Colombia joins at least nine other nations—including Bahrain, Belize, Bolivia, Chad, Chile, Honduras, Jordan, South Africa, and Turkey—that have either recalled their ambassadors from Israel or broken off relations in response to Israel's assault on Gaza, which has killed, maimed, or left missing more than 123,000 Palestinians and forcibly displaced around 90% of the besieged strip's 2.3 million people.
In late October, Colombia became one of the first countries to recall its ambassador from Israel, a move that came amid a diplomatic fracas between Bogotá and Tel Aviv sparked by Petro's comparison of Israeli leaders' dehumanizing and genocidal statements about Palestinians with "what the Nazis said about the Jews."
Petro also called Gaza—often described as the "world's largest open-air prison"—a "concentration camp."
After Israel accused Petro of "hostile and antisemitic statements" and "support for the horrific acts of Hamas terrorists," the Colombian president hit back, saying Israel's war on Gaza is "genocide."
Last month, Colombia asked the International Court of Justice to join the South African-led genocide case against Israel, which is supported by over 30 nations. In January, the ICJ issued a preliminary ruling that found Israel is "plausibly" committing genocide in Gaza and ordered its government to prevent genocidal acts.
Critics accuse Israel of ignoring the ICJ order. Last month the court cited "the worsening conditions of life faced by Palestinians in Gaza, in particular the spread of famine and starvation" as it issued another provisional order directing Israel to allow desperately needed humanitarian aid into the strip.
In a homophonic reference to protests on U.S. campuses including Columbia University—which has refused to divest from Israel and has twice sicced police on peaceful protesters—attorney Steven Donziger quipped, "One Colombia shows far more courage than the other Columbia."
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GOP Farm Bill Blueprint 'Puts Big Ag's Profits Over Everyone Else'
"America's farmers and consumers need forward-looking policies that build a sustainable, resilient, and fair food system," said one campaigner.
May 01, 2024
As Democratic and Republican leaders on Wednesday unveiled competing visions for the next Farm Bill, green groups sounded the alarm about the GOP proposal that "slashes nutrition programs and climate-focused conservation funding in order to boost commodity crop production."
U.S. House Committee on Agriculture Chair Glenn "GT" Thompson (R-Pa.) put out a "title-by-title overview" of priorities and announced plans for a legislative markup on May 23 while Senate Agriculture, Nutrition, and Forestry Committee Chair Debbie Stabenow (D-Mich.) released the Rural Prosperity and Food Security Act, which includes over 100 bipartisan bills.
"The contrast between the House and Senate farm bill proposals could not be clearer," asserted Environmental Working Group senior vice president for government affairs Scott Faber. "The Senate framework would ensure that farmers are rewarded when they take steps to reduce greenhouse gas emissions, and the House framework would not."
"At a time when farmer demand for climate-smart funding is growing, Congress should ensure that support for farmers offering to reduce nitrous oxide emissions from fertilizer, and methane emissions from animals and their waste, is the Department of Agriculture's top priority," Faber said. "Unless farmers are provided the tools to reduce nitrous oxide and methane emissions from agriculture, farming will soon be the nation's largest source of greenhouse gas emissions."
Friends of the Earth senior program manager Chloe Waterman declared that "House Republicans have proposed a dead-on-arrival Farm Bill framework that puts Big Ag's profits over everyone else: communities, family farmers, consumers, states and local rule, farmed animals, and the planet."
"Senate Democrats are off to a much better start than the House, but they have also fallen short by failing to shift subsidies and other support away from factory farming and pesticide-intensive commodities toward diversified, regenerative, and climate-friendly farming systems," she added. "We are particularly concerned that millions of dollars intended for climate mitigation will continue to be funneled to factory farms, including to support greenwashed factory farm gas."
Both Waterman's organization and Food and Water Watch spotlighted the Ending Agricultural Trade Suppression (EATS) Act, which aims to prevent state and local policies designed to protect animal welfare, farm workers, and food safety—like California's Proposition 12, which the U.S. Supreme Court upheld last year. The Republican bill is opposed by more than 200 members of Congress and over 150 advocacy groups.
"Despicable ploys to undermine critical consumer and animal welfare protections must be dead on arrival," Food & Water Watch senior food policy analyst Rebecca Wolf said in a Wednesday statement blasting the House GOP's priorities.
"America's farmers and consumers need forward-looking policies that build a sustainable, resilient, and fair food system," she stressed. "Instead, House leadership seems poised to take us backwards, trading state-level gains for a few more bucks in the pockets of corporate donors. Congress must move beyond partisan bickering, and get to work on a Farm Bill that cuts handouts to Big Ag and factory farms."
As green groups slammed the GOP's agricultural proposals for the Farm Bill, the Center on Budget and Policy Priorities (CBPP) called out the Republican scheme to attack food stamps.
Stabenow's bill "would protect and strengthen the Supplemental Nutrition Assistance Program (SNAP), our nation's most important and effective anti-hunger program," noted Ty Jones Cox, CBPP's vice president for food assistance.
Meanwhile, Thompson's plan "would put a healthy diet out of reach in the future for millions of families with low incomes by cutting future benefits for all SNAP participants and eroding the adequacy of SNAP benefits over time," she warned.
As Jones Cox detailed:
Thompson's proposal would prevent SNAP benefits from keeping pace with the cost of a healthy, realistic diet over time, which the Congressional Budget Office estimates would result in a roughly $30 billion cut to SNAP over the next decade. The proposal would do this by freezing the cost of the U.S. Department of Agriculture's Thrifty Food Plan (the basis for SNAP benefit levels) outside of inflation adjustments, even if nutrition guidelines or other factors change the cost of an adequate diet. The Thompson proposal's modest benefit improvements do not outweigh the harm to the tens of millions of SNAP participants—including children, older adults, and people with disabilities—who would receive less food assistance in the future because of this policy.
"Stabenow's proposal rejects the false premise that improvements in SNAP must come at the expense of food assistance for low-income families who count on SNAP to put food on the table," she concluded. "The Senate framework, which rejects harmful benefit cuts, should be the basis for farm bill negotiations moving forward."
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